Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 WATER LANE FARM is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £335,000 in June 2015, which was around 13% below the average June 2015 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 WATER LANE FARM since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Most of the four 2 WATER LANE FARM sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2015 22 JUN | £335,000 | £385,440 | 13% below HPI |
2007 16 JUL | £368,500 | £331,275 | 11% above HPI |
2003 16 OCT | £282,500 | £271,209 | 4% above HPI |
1997 30 JAN | £109,000 | £96,054 | 13% above HPI |
The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The four 2 WATER LANE FARM sales between January 1997 and June 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
2 WATER LANE FARM is 103m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Bournemouth, and where 2 WATER LANE FARM lies on this distribution: 43% of detached houses are smaller than 2 WATER LANE FARM, and 56% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.
2 WATER LANE FARM sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 WATER LANE FARM, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 WATER LANE FARM). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
2 WATER LANE FARM is located in BOURNEMOUTH, in the BH10 postcode district. The below map shows the position of No. 2 on WATER LANE FARM.